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Development Of Regional Social Accounting Matrices With Detailed Agricultural Land Rent Data And Improved Value-Added Components For The Usa

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  • Juan J. Monge
  • Henry L. Bryant
  • David P. Anderson

Abstract

We describe a method for creating social accounting matrices (SAMs) with detailed agricultural land rent data for any arbitrary subset of the 48 contiguous states in the USA. Data on land use and land rents from various public sources is merged with national accounts data. The method reorganizes the rental income of persons concept present in national accounts to payments to conventional primary factors of production. This method also reallocates portions of the indirect business tax account to the appropriate sales and import tax accounts. SAMs created using this method should be useful inputs into input-output or computable general equilibrium models explicitly representing a heterogeneous land market and analyzing the economic effects of agricultural, bioenergy, water and climate policies on land-use change, land rents, agricultural commodity markets, trade and households' welfare. The method's implementation is freely available, enabling others to rapidly create SAMs with their own desired region and sector aggregations.

Suggested Citation

  • Juan J. Monge & Henry L. Bryant & David P. Anderson, 2014. "Development Of Regional Social Accounting Matrices With Detailed Agricultural Land Rent Data And Improved Value-Added Components For The Usa," Economic Systems Research, Taylor & Francis Journals, vol. 26(4), pages 486-510, December.
    • Handle: RePEc:taf:ecsysr:v:26:y:2014:i:4:p:486-510
    DOI: 10.1080/09535314.2014.889663
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    References listed on IDEAS

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    1. James Andrew Giesecke, 2011. "Development of a Large-scale Single US Region CGE Model using IMPLAN Data: A Los Angeles County Example with a Productivity Shock Application," Spatial Economic Analysis, Taylor & Francis Journals, vol. 6(3), pages 331-350, April.
    2. Ahmed, Syud Amer & Thomas Hertel & Ruben Lubowski, 2009. "Calibration of a Land Cover Supply Function Using Transition Probabilities," GTAP Research Memoranda 2947, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    3. Robinson, Sherman & El-Said, Moataz, 2000. "GAMS code for estimating a social accounting matrix (SAM) using cross entropy methods (CE)," TMD discussion papers 64, International Food Policy Research Institute (IFPRI).
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    1. Henning Krause & Anja Faße & Ulrike Grote, 2019. "Nutrient-Dense Crops for Rural and Peri-Urban Smallholders in Kenya—A Regional Social Accounting Approach," Sustainability, MDPI, vol. 11(11), pages 1-22, May.
    2. Monge, Juan J. & Bryant, Henry L. & Gan, Jianbang & Richardson, James W., 2016. "Land use and general equilibrium implications of a forest-based carbon sequestration policy in the United States," Ecological Economics, Elsevier, vol. 127(C), pages 102-120.

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